20195 WOODRUFF

DESCRIPTION

Site Plan Approved, Consent Judgement in place, All Utilities are on site, Street Scrapes, Landscape, & Waterscape, Walking Paths, Monument Signage, Paved Roads, Clear and Level Development Sites. Cambridge Meadows Sub #5 & Grand Lakes Condominium is a 55 +/- Acre, very nice site planned development located just off of I-75 in Brownstown Twp. MI. The land is ready to be developed today and has access to it via existing Cambridge Meadows Subs 1-4 located on the south side of Woodruff Rd. The entire project can be down zoned to accommodate all single family detached housing all or part. Proved track record with adjacent Cambridge Meadows Subs 1-4 consisting of 360 homes, 1,625 - 3,100 Sq. Ft. which are currently selling in the $200 - $300,000 range. Newer homes, built after 2014 in this area are currently being sold at an average and median of $135 to $142 per square foot. New home sold prices ranging from $224,000 to $375,000. Median cumulative days on market 76.